FIVE THINGS

MPs may be forced to debate a controversial plan to halt age-related tax allowances - a move dubbed a ‘granny tax' - after an online petition opposing it garnered almost 100,000 signatures.

Former world heavyweight boxing champion Mike Tyson is suing his financial adviser for allegedly embezzling more than $300,000 from him.

The four largest accountancy firms in the UK have been criticised for being too dominant by the Competition Commission.

FROM THE EDITOR

Her Majesty's Revenue & Customs (HMRC) should "name and shame" those who create, sell or use tax avoidance schemes to discourage activity which is costing the Treasury billions of pounds a year, a committee of MPs has said.

Multi-tied network Openwork has launched four funds which will form the basis of a range of multi-asset model portfolios soon to be available via its investment proposition, Omnis.

Labour will re-introduce a 10p starting rate of tax if it wins the next general election, paid for by a new ‘mansion tax' on £2m properties, Ed Miliband said today.

An enterprise investment scheme (EIS) qualification for financial advisers has been launched by The Enterprise Investment Scheme Association (EISA).

Standard Life is in discussions to acquire the private client business of Newton Investment Management for up to £90m, according to a report.